dreamers get together and collaborate to give birth to awesome stories. ....
Wattpad is a Canadian publishing platform that, as of january 2012, had around
7mn.
Writers, Readers, Dreamers Alessandro Biggi, CEO
WHAT’S 20LIN.ES? Publishing gets social
20lin.es is the most beautiful place of the web where writers, readers and dreamers get together and collaborate to give birth to awesome stories.
The publishing industry is drastically changing. Publishers are striving to find ways to innovate their models while on the other hand people are everyday more connected and able to create their own contents.
FORMAT •
Users co-create short stories made of multiple sections of max 20 lines each.
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Every section can be re-written by any user so, starting from the same incipit, an endless number of possible combinations of story is created.
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The community interacts with the development of the story by voting, commenting and sharing every section, thus deciding which combination they like the most.
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That will be the final story and it will be digitally distrubuted as eBook.
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incipit
On 20lin.es all stories are made and chosen by the people for the people themselves
NEW WEBSITE Multimedia stories: most advanced writing tool on the web. Released on March 11th
Click to open
COMING SOON: iOS APP iOS App for readers containing all 20lin.es stories. Release on May 1st
METRICS High activity volumes and retention of users
5,000 writers
60% frequent writers
1,000 daily readers
80,000 written lines
500 stories
12 min per visit
USER BASE A well-defined users base made of young passionate writers and readers
Age range: 18-30 M/F: 50/50 most of them have a blog (books)
book lovers
20% are mobile users (70% iOS)
BUSINESS MODEL We give our users exactly what they are looking for
books promotion
book lovers
ebook sale
BUSINESS MODEL 3 main actors
Attractiveness
20liners
Tastes based on activity
Exposure
Famous writers
Publishers
UNDERSTANDING USERS Every time a user interacts on 20lin.es we are able to understand his preferences
Community
Deep user profile Analysis of activity and interactions
TARGETED OFFERS New social distribution channel for publishers / New books discovery tool for readers
Social sale & promotion
Publishers
Discovery eCommerce
Target buyer
AUTHORS EXPOSURE We give authors exposure while making our platform more attractive for our users
Exposure with target audience
Famous authors
Engagement & attactiveness
Target reader
PUBLISHING MARKET Main trends: opportunity
Crisis of traditional publishing model
Digitalization boom
New social publishing models
OPPORTUNITIES: ITALY Italy serves as a case study for expansion
Italy
26mn Readers
€ 3bn Books market
€ 30mn eBooks market
+150% YoY
30,000 titles
OPPORTUNITIES: US US is the largest market for digital books and still booming
US
112mn Readers
€ 22bn Books market
€ 6.5bn eBooks market
+58% YoY
1mn titles
OPPORTUNITIES: GERMANY Germans are passionate readers. eBook market is still young but growing steady
Germany
65mn Readers
€ 9.8bn Books market
€ 200mn eBooks market
+170% YoY
200,000 titles
OPPORTUNITIES: BRAZIL Brazil represents an opportunity also for its fiscal advantages on books (no tax)
Brazil
50mn Readers
€ 3bn Books market
€ 15mn eBooks market
+190% YoY
30,000 titles
OPPORTUNITIES: EXIT Social Publishing models represents new standards as proven by recent acquisitions
Mar ’13 Facebook acquires Storylane
Est. Oct. ’12 $2.3mn funding
200,000 users
Undisclosed
12mn users
$ 150mn
Apr ’13 Amazon acquires Goodreads
Est. Jan. ’07 $2.7mn funding
MAIN COMPETITORS 8 main players
Wattpad Wattpad is a Canadian publishing platform that, as of january 2012, had around 7mn visitors/m and over 3mn stories uploaded. All contents are available for free online, while the Company gains on advertising and contests. In 2012 it got 20mn Vc funding
Medium Medium is a direct publishing community established in the US in late 2012 by previous co-founders of Blogger and Twitter. It is currently in its beta version where selected users can publish articles and stories enriched by pictures.
Cowbird US-based personal storytelling website born together with the Occupy movement, Cowbird reports 7k registered users. In September, Cowbird launched its premium membership accounts for writers under $5/month subscriptions.
The incipit
The Incipit is a small Italian community of writers that allows creating stories, influenced by the readers’ decisions. Revenues come from books promotion from brands and directly from the platforms’ authors
MAIN COMPETITORS 8 main players
Movellas Movellas is a London-based storytelling community targeted on a teenagers’ audience. On Movellas users can publish a story, or part of it, inviting friends to read it, or co-develop its plot. Movellas raised €500k in 2011 from British investors.
Goodreads Goodreads, launched in 2007, is a leading information source for readers. With a community of more than 12m users, its goal is to make people share and comment their favorite reads. It’s been acquired by Amazon on Mar 2013 for a $ 150m amount.
Storylane Established in San Francisco in Oct. 2012, Storylane was a social storytelling platform with ca. 200,000 published stories. In March 2013 Storylane was acquired by Facebook in an attempt to expand into the blogging and storytelling markets.
Figment
Figment is a direct publishing website established in the US in 2010. As of March 2012, it had around 200k registered users and over 270k literary contents. Figment sells its contents as eBooks and paperbacks on major e-retailing websites.
SPIDER: Contents & Community 20lin.es differenciates strongly for its collaborative format applied to fictions
Fictions & storytelling
Sole author
Collaboration
General publishing
SPIDER: Go to market
We attract users by having famous authors to collaborate with them and empowering them with a unique and advanced writing tool
Well known writers
Low Tech
High Tech
Independent blogging
SPIDER: Business model
We represent a new sales and promotional channel for publishers while we offer readers a new way to discover books they like
Agreements with Publishers
Writers services
Readers services
i.e. self-publishing
i.e. books discovery
Advertising
TEAM: FOUNDERS Strong team with diverse and complementary background
Business Development:
Technical Development:
Alessandro Biggi
Pietro Pollichieni
Francesco Scalambrino
Marco Pugliese
Former J.P. Morgan & BCG
Former UniCredit & SEC Publishing
Former founder Deveyes Group
Former founder Pugia.com
[email protected]
[email protected]
[email protected]
[email protected]
TEAM: COLLABORATORS Talent acquisition
Technical Development:
Gualtiero Rizzotto
Federico Ferrioli
web developer
web developer iOS
[email protected]
[email protected]
Community:
Roberto Romano
Nicolò Bazza
iOS
Content Editor
[email protected]
[email protected]
thank you for your attention!
www.20lin.es